Maintenance costs / area ($/area) metric

Determines cost efficiency based on comparing the maintenance costs to the overall area of the facilities.

Name
Maintenance Costs / Area ($/area)
Category
Financial
Analysis objective for exception conditions
Determines which facilities have good or poor cost efficiencies. Determines which particular maintenance costs are causing the inefficiencies. Uses time trend analysis to compare seasonal peaks, anomalies, or trends.
Description
Informs management how they compare to industry benchmarks and allows managers to compare maintenance costs across geographical regions, facilities, and building types.
Source
IFMA
Measurement
Total Maintenance Cost / Total Facility Area
Dependent data that is calculated
  • Total Maintenance Cost: Sum of Financial Summary table filtered for Cost Type = Maintenance. This includes all maintenance-related Cost values such as Utilities, Custodial, Grounds.
  • Total Facility Area: Building Rentable Area
Roles
  • OP Executive
  • OP Service Manager
  • OP Facility Assessment Manager/Planner
Display chart types
  • Value-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
  • Score-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
Thresholds
  • Low Threshold: Not Used
  • High Threshold: Not Used
  • Range 1: Not Used
  • Range 2: Not Used
  • Range 3: Not Used
Fact details
Module: triMetricFactBusiness Object: triBuildingFact

Metric Queries: triBuildingFact - Metric - Maintenance Costs / Area ($ / Area), triBuildingFact - Metric - Maintenance Costs / Area ($ / Area) (Score)

Drill paths
  • Geography
  • Location
  • Capture Period
Interactive filters
  • Geography
  • Location
  • Building Class
  • Building Tenure
For US Federal Government:
  • Geography
  • Location
  • Real Property Type
  • Real Property Use
  • Mission Dependency
  • Legal Interest
Static filters
Cost Type Classification = Maintenance
Time
Months
Data point refresh rate
Monthly
License dependency
Maximo® Real Estate and Facilities Operations
Functional dependency
  • Building (Area Calculations)
  • Financial data from external corporate system